Leaves
Interconnected DeFi spinouts, each driving innovation and expanding the reach of Bonsai DAO.
Last updated
Interconnected DeFi spinouts, each driving innovation and expanding the reach of Bonsai DAO.
Last updated
Every protocol in the Bonsai ecosystem starts as a Leaf (spinout), designed to generate sustainable value while maintaining strong alignment with Bonsai DAO. Each Leaf can evolve along different paths, whether operating as revenue-generating protocols or transitioning into independent entities, all while contributing to the ecosystem's collective growth and prosperity.
Bonsai DAO's role is primarily that of a strategic capital allocator and ecosystem cultivator. We provide initial funding and support to help Leaves launch and establish themselves, while each Leaf operates with its own dedicated team and autonomous decision-making structure. This independence, combined with Bonsai DAO's guidance and resources, enables Leaves to react quickly to market opportunities while maintaining ecosystem alignment.
Value flows back to $Bonsai holders through two primary mechanisms: strategic token distributions (airdrops), and ongoing revenue-driven buybacks.
This creates a sustainable cycle where Bonsai DAO's initial support is rewarded through continued value generation as Leaves mature and succeed.
Umami Finance is built on Arbitrum and is offering top-tier, non-custodial yield products called vaults, for core crypto assets like $USDC, $BTC, and $ETH. Umami aims to construct professional-grade DeFi products that cater to both retail and institutional capital, with an emphasis on crypto-native funds.
Focused on becoming a liquidity hub on Arbitrum, Umami's vaults simplify the user experience in yield farming, automating processes like hedging and managing liquidity pools and focusing on a permissionless, decentralized experience that requires minimal intervention - simply deposit and earn.
Umami serves as a foundational leaf, generating essential revenue for operational expenses of Bonsai DAO and is not positioned to become its own SubDAO in the foreseeable future.
Vendor Finance is a loan marketplace offering fixed-term, fixed-rate, non-liquidation loans without the need for traditional oracles. The protocol has evolved through two versions: V1 launched in August 2022, and V2 followed in May 2023, bringing key optimizations for a better lending and borrowing experience.
As a recent addition to Bonsai DAO, Vendor Finance has integrated into our ecosystem as a new Leaf. This merger strengthens our platform by incorporating Vendor's expertise in non-liquidatable loans and risk management, enhancing our offerings without the immediate plan for Vendor to become an independent SubDAO.
For more details, refer to our blog post and announcement: Welcoming Vendor Finance to the Bonsai DAO Ecosystem
Exit.tech is a pioneering platform designed to address the challenge of locked DeFi assets by creating a neutral marketplace for such positions. It initially focuses on tokens like esGMX, but aims to expand to other locked assets across various chains such as VELO on Optimism and AERO on Base.
The core feature of Exit.tech allows users to unlock liquidity from their locked positions while still receiving rewards. For instance, with esGMX, users can exit their locked tokens through Exit.tech, and stakers can boost their yield by staking GMX or GLP to support these exits. This model is set to be applied to other assets, with the goal of creating a robust mechanism to unlock liquidity throughout the broader DeFi ecosystem, including angel rounds, vesting tokens, and point-based rewards.
Exit.tech not only enhances liquidity but also stimulates the growth and engagement within DeFi by providing users with more flexible management of their locked assets.
